Eslake warns on wage crisis ramifications

Original article by Anna Patty
The Age – Page: 33 : 29-Nov-18

Australian economist Saul Eslake says the business sector’s push for economic reform is being undermined by the low growth in wages. Eslake argues that the general public is becoming less receptive to reforms such as free trade, deregulation and company tax cuts in an era of sluggish wage growth. Eslake has contributed to a new book titled "The Wages Crisis in Australia". Its editors have argued the case for changes to the Fair Work Act, including expanding the definition of an "employee" to include anyone who provides labour and allowing enterprise bargaining at industry level.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, UNIVERSITY OF ADELAIDE, UNIVERSITY OF TASMANIA, RESERVE BANK OF AUSTRALIA

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